
Cheap Gated Apartments for Rent in Anchorage, AK from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchorage.


City View

Alpine

Central Park Apartments

Tudor Park Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Creekside Manor

Russian Jack

Total Monthly Price
1410 W 27th Ave, Unit 3

Total Monthly Price
1402 W 27th Ave, Unit 8

9645 Independence Dr, Unit D110
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Anchorage, AK Local Guide

How much does it cost to rent an apartment in Anchorage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage Studio Apartments | $1,369 | $700 | $2,175 |
| Anchorage 1 Bedroom Apartments | $1,462 | $700 | $2,600 |
| Anchorage 2 Bedroom Apartments | $1,906 | $1,175 | $5,416 |
| Anchorage 3 Bedroom Apartments | $2,300 | $1,595 | $3,300 |
| Anchorage 4 Bedroom Apartments | $2,795 | $2,795 | $2,795 |
Browse Top Apartments in Anchorage
See all Apartments in AnchorageExplore Anchorage
Anchorage, AK Local Guide
- Anchorage Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Anchorage, AKPopulation: 291,538
Ranked #68
in US Census Population by City
Best Local Schools in Anchorage, AK
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Anchorage, AK Rentals by Map
See the most popular apartments and homes in Anchorage, AK
Anchorage, AK Area Reviews
Lorelie • 3+ years in Anchorage
February 25, 2025Nice
Frequently Asked Questions about Cheap Anchorage Apartments
What is the Cheapest Studio apartment in Anchorage?
Currently the most affordable Cheap Studio Apartment in Anchorage is at Loussac Sogn listed at $700.
How much is rent for a Cheap One Bedroom Anchorage Apartment?
The lowest price for a Cheap One Bedroom Anchorage Apartment is $1,050 at North Pointe Apartments.
What is the lowest price for a Cheap Two Bedroom Anchorage Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Anchorage is starting from $1,175 at North Pointe Apartments.
What is the most affordable Anchorage Three Bedroom Apartment?
The best deal on a cheap Anchorage Three Bedroom Apartment rental is at Chester Park Estates and starts from $1,800.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.